2024 financial events summary! The Federal Reserve's interest rate cut cycle has officially begun, with the U.S. stock market, Bitcoin, and Gold all reaching new highs, and NVIDIA's Market Cap even temporarily topping the Global rankings.

In 2024, with the Federal Reserve's first interest rate cut in four years, Global Assets flourish, with Japanese stocks, Gold, US stocks, Bitcoin, and others breaking historical highs one after another. Chinese Assets experienced an epic surge in October.

Futu News21:18

A new star joins Trump's economic team, who has previously criticized Powell!

Stephen Moore was nominated by Trump to be the chair of the White House Council of Economic Advisers; he had previously accused Powell of helping the Democrats in the last USA election, and he is also a "crypto supporter."

Golden10 Data13:49

Futu Morning Report | Is a sell-off signal emerging? Buffett takes the opportunity to "sweep up" Occidental Petroleum and two other companies; Tesla's latest announcement: the automated driving taxi Robotaxi is accelerating its advancement.

The "Three Witches" day caused huge fluctuations in the US stock market, as shorts covered their positions leading to a sharp rise during the day, but market volatility may continue into next week; several Federal Reserve officials supported a cautious approach to interest rate cuts next year, relying on data, while Powell's "dovish allies" rarely spoke in a hawkish tone.

Futu News08:02

Wall Street's IPO Engine Picked Up in 2024 -- Barrons.com

Barron's04:00

Musk causes a commotion at Capitol Hill, is a "Trump 2.0" prototype emerging?

Analysis suggests that Musk's recent act of detonating a political nuclear bomb may be a rehearsal for the Trump 2.0 era of Musk's action model, intended to exert pressure on Congress. However, some also say that the consensus at Mar-a-Lago is that Musk has proven to be an effective Weapon to pressure Congress and a scapegoat for any backlash.

wallstreetcnDec 22 12:21

Communications Services Up as High-Risk Sectors Gain Favor -- Communications Services Roundup

Dow JonesDec 21 06:34